Glaucus logistics

Delhi, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By Shiprocket
Cloud-based end-to-end logistics solutions are offered for e-tailers.

About Glaucus logistics

Glaucus logistics is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015, and was acquired by Shiprocket in February 2022. Cloud-based end-to-end logistics solutions are offered for e-tailers. Glaucus logistics has raised $2.04 million across 2 funding rounds from investors including Shiprocket, Alok Lodha and Arjun Khanna. The company has 124 employees. Glaucus logistics was last valued at $10.66 million in August 2018. Its Indian entity Glaucus Supply Chain Solutions Private Limited reported revenue of β‚Ή44.12 Cr. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and End to End Delivery Services. Its competitors include Delhivery, XpressBees and Prozo; 3 of its 3 listed competitors have raised funding.

Company details

Glaucus Logistics was founded in 2015 in Delhi, India, focusing on the logistics sector for e-commerce. Cloud-based solutions are delivered through its product Maven, encompassing supply chain management, order and inventory management, and warehouse management systems. Fulfillment services are also provided, including operations management, domestic and international transportation, and value-added services. Operations are centered in India to support e-tailers needs.

Key Metrics
  • Annual Revenue
    ₹44.12 Cr

    FY 2022 · +36% YoY

  • Net Loss
    -₹13.55 Cr

    FY 2022 · -31% margin

  • EBITDA
    -₹12.37 Cr

    FY 2022 · -28% margin

  • Total Equity Funding
    $2.04M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.22M (USD), Seed

    Aug 2018

  • Investors
    Shiprocket

    & 52 more

  • Employee Count
    124
  • Acquired by
    Shiprocket

    (Feb 2022)

Funding Insights of Glaucus logistics

Glaucus logistics has successfully raised a total of $2.04M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.22 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.04M
  • Total Rounds 2
  • Last Round Seed β€” $1.22M
  • First Round $818,065

    (Dec 2015)

  • Investors Count 52

All 2 funding rounds of Glaucus logistics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$1.22MSeed$10.66MArjun Khanna
Dec 2015$818,065Angel Round$1.94MAlok Lodha
Valuation history
DateValuationStage
Aug 2018$10.66Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2015$1.94Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $10.66M (Aug 2018). 53 investors in total: 1 institutional and 52 angel.

Investors in Glaucus logistics

Glaucus logistics has secured backing from 53 investors, including angel and institutional investors. Prominent investors backing the company include Shiprocket, Alok Lodha and Arjun Khanna.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
E-commerce tools for shipping, marketing, and financial services are provided.
2012shiprocket.inGurugram, India

Alok Lodha

unknown_6c616c2b56f24e2a8

Arjun Khanna

Angel investor and entrepreneur, focused on tech startups in India.
unknown_472e70da0c704539b

Vivek Gupta

Co-founder of Licious, active angel investor in Indian startups
unknown_3e34c5853b414329b

Mugdha Jain

unknown_239638bc5a524dbf9

Saurabh Malik

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_78fa6baee9b241318

Sujata Bhatia

unknown_d73d514954aa4e968

Nishith Vijay Jain

unknown_cc059dc23e60420d9

Gaurav Maria

unknown_0758f03d666543d1b

Amit Lodha

unknown_f403e43a27354135b
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Investor details for Glaucus logistics

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Board of directors of Glaucus Supply Chain Solutions Private Limited (Glaucus logistics)

Glaucus Supply Chain Solutions Private Limited is the primary company behind Glaucus logistics. The boards of the 2 registered companies of Glaucus logistics currently have 9 directors; the longest-serving is Gautam Kapoor, appointed in 2011. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gautam Kapoor
DIN 03595876
Director28 Sep 201115 yrs 1 moShiprocket Limited, Glaucus Supply Chain Solutions Private Limited
Saahil Goel
DIN 05106685
Managing Director30 Sep 201115 yrs 1 moShiprocket Limited
Nitin Dhingra
DIN 03432881
Whole-time director20 Jul 201511 yrs 3 moGlaucus Supply Chain Solutions Private Limited
Vivek Kalra
DIN 03268616
Whole-time director16 Aug 20188 yrs 2 moGlaucus Supply Chain Solutions Private Limited
Arjun Singh Ravinder Singh Sethi
DIN 08860089
Director08 Oct 20206 yrsShiprocket Limited
Chetan Kumar Mathur
DIN 00437558
Director22 Aug 20242 yrs 2 moShiprocket Limited
Kaushik Dutta
DIN 03328890
Director22 Aug 20242 yrs 2 moShiprocket Limited
Brijesh Kumar Agrawal
DIN 00191760
Director21 Mar 20251 yr 7 moShiprocket Limited
Vani Gupta Dandia
DIN 05243822
Director21 Mar 20251 yr 7 moShiprocket Limited

Financials of Glaucus logistics

Figures of Glaucus Supply Chain Solutions Private Limited, the primary company behind Glaucus logistics, for FY 2022. Revenue was ₹44.12 Cr (+36% year on year). Net loss was -₹13.55 Cr (-31% margin). EBITDA was -₹12.37 Cr (-28% margin). Revenue has grown at a compounded annual rate of +37% over three years and +48% over five years.

  • ₹44.12 CrRevenue · FY 2022 · +36% YoY
  • -₹13.55 CrNet loss · -31% margin
  • -₹12.37 CrEBITDA · -28% margin
  • ₹1.53 CrPaid-up capital
  • 124Employees (provident fund records)
  • +37%Revenue CAGR, 3 years
  • +48%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Glaucus Supply Chain Solutions Private Limited are on its company page.

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Detailed financial statements for Glaucus logistics

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Glaucus logistics

5 dated milestones of Glaucus logistics across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Glaucus logistics is founded.
  2. Funding First funding round of $818K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.2M.
  5. Exit Acquired by Shiprocket.

Competitors of Glaucus logistics

Glaucus logistics has 3 listed competitors in our database, 3 of them funded. They include Delhivery, XpressBees and Prozo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
delhivery.com2011Gurugram, India$1.25B24,439
Integrated logistics services including parcel delivery and warehousing are provided.
xpressbees.com2015Pune, India$355.69M26
End-to-end logistics delivery and courier solutions are provided.
prozo.com2014Gurugram, India$19.98M1,118
Online platform offering wholesale and business-focused e-commerce solutions
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Detailed competitors of Glaucus logistics

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Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Glaucus logistics (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Glaucus Logistics

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Frequently Asked Questions about Glaucus logistics

Glaucus logistics was founded in 2015.

Glaucus logistics is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Glaucus logistics is a funded company, having raised a total of $2.04M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $818.07K, raised on Dec 2015.

Glaucus logistics has 124 employees.

The primary company behind Glaucus logistics, Glaucus Supply Chain Solutions Private Limited, reported revenue of β‚Ή44.12 Cr for FY 2022, up 36% year on year.

Glaucus Logistics was founded in 2015 in Delhi, India, focusing on the logistics sector for e-commerce. Cloud-based solutions are delivered through its product Maven, encompassing supply chain management, order and inventory management, and warehouse management systems. Fulfillment services are also provided, including operations management, domestic and international transportation, and value-added services. Operations are centered in India to support e-tailers needs.

Glaucus logistics's top competitors include Delhivery, XpressBees and Prozo.

Glaucus logistics has 53 investors. Key investors include Shiprocket, Alok Lodha, Arjun Khanna, Vivek Gupta, and Mugdha Jain.

The valuation of Glaucus logistics is $10.66M as of Aug 2018.

Glaucus logistics is associated with 2 legal entities: Glaucus Supply Chain Solutions Private Limited, Shiprocket Limited.

Yes. Glaucus logistics was acquired by Shiprocket in February 2022.

The legal entities of Glaucus logistics currently have 11 directors, including Gautam Kapoor, Chetan Kumar Mathur, Arjun Singh Ravinder Singh Sethi and others.

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